Sunday, October 7, 2007

Just the Facts for Moorestown Real Estate - The Changing Market

September Real Estate Numbers for Moorestown
Moorestown Real Estate Data - September 2006 vs September 2007

Homes listed for sale:      34 vs 56
Homes sold:                   11 vs 8
Days on market:             75 vs 86
Average sale price:        $680,250 vs $350,187
Average list price:         $688,479 vs $577,420

All trends are showing a slowing market for Moorestown real estate. Supply is increasing while the average sale price is declining. However, one month does not make a trend. During the first six months of 2007 Moorestown had a few more houses sold than we did in 2006 during the same period.

Keep coming back to this blog to learn more about the Moorestown real estate market and local real estate trends. Or if you want a FREE consultation regarding your property and the impact the trends will have on selling it please contact me.

Based on information from TREND MLS for September 1, 2006 to September 30, 2007

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